There is a possibility of another round of rebate checks from the government to stimulate the economy. I disagree with this kind of thinking due to the fact that the feds will have to borrow tens of billions of dollars to pay for the package, just as they did earlier this year. In fact, they had to borrow $191 billion.
Going further into debt to China and other international lenders is a TERRIBLE idea, and I renew my objections to it. This proposal should not see the light of day.
No government should spend more money than it takes in. There's a reason that the economy is in the condition that it's in: we are $10 trillion in debt, our dollars are devaluing on the international market, which is also helping to drive up the price of fuel, which is driving up the cost of everything else.
This is NUTS, and we have to put our collective foot down somewhere to break this vicious cycle.
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